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ended only when president bush ordered the docks reopened after ten days, and that one, scott, cost the economy $15 billion. >> pelley: john, thank you. there is nothing stopping a pacific storm that is headed to the coast. this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke through a few hours ago, but there still is a danger of flooding and mudslides through the weekend. more than half a foot of rain fell on northern california today. 40 mile per hour gusts have already knocked out power and toppled trees in san francisco. >> thankfully this didn't hurt anybody but it could be a lot worse. >> staying dry. >> thanks to you. >> where are you staying tonight? >> tonight, down the street. >> reporter: sister libby fernandez expects to help about a thousand people at this homeless center in sacramento with dry clothes and ponchos. >> this is weird because the weather's usually good here. >>
ended only when president bush ordered the docks reopened after ten days, and that one, scott, cost the economy $15 billion. >> pelley: john, thank you. there is nothing stopping a pacific storm that is headed to the coast. this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke...
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Nov 30, 2012
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it will hurt our economy. that's why it's not the right approach. >> reporter: but there are other high-end, small-business owners who do not think a tax hike of aound 3% will make much difference. >> this is a french roast-- >> joe ragan, who sells roasted coffee and supplies to thousands of offices around washington says he will add or subtract to his workforce, based on sales, not on taxes. if your taxes were to go up as the president suggests, would that make any difference in the number of people you hire? >> no. now, look-- and i'm not-- i don't want to take a position here that says i'm not affected by this. i certainly am. but i'm affected by the opportunities that are presented to me. not by the fact that i'm going to make 3% less on that opportunity. >> reporter: in the fiscal cliff negotiations, republicans still argue that higher taxes will hurt small business jobs. but, scott, democrats up here argue that this debate is over. that raising taxes on the wealthiest americans of all kinds was decisive
it will hurt our economy. that's why it's not the right approach. >> reporter: but there are other high-end, small-business owners who do not think a tax hike of aound 3% will make much difference. >> this is a french roast-- >> joe ragan, who sells roasted coffee and supplies to thousands of offices around washington says he will add or subtract to his workforce, based on sales, not on taxes. if your taxes were to go up as the president suggests, would that make any...
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house speaker john boehner says the president's proposal would be a blow to the economy. if a compromise isn't reached soon automatic tax hikes and steep budget cuts will kick in january 1. >>> and as budget talks continue little changed on wall street today. the dow closed with a 4 point game. the nasdaq lost 2. s&p 500 edged up less than a point. >>> anthem blue cross was first. now several other health insurers jumping on board with their own proposed double-digit rate hikes. cbs 5 consumerwatch reporter julie watts says, critics say that the move is a preemptive strike to raise the rates before healthcare reform kicks in. >> a 25% increase. i felt like i had been kicked in the stomach. >> reporter: a healthcare provider herself, pediatrician jan feels helpless. her individual blue cross health insurance premium is going up nearly $300 a month. >> they could never get away with a 25% increase on a group plan but we're the little guys. we have no power. >> that's right. >> reporter: this consumer watchdog says insurance companies are reluctant to raise rates on big comp
house speaker john boehner says the president's proposal would be a blow to the economy. if a compromise isn't reached soon automatic tax hikes and steep budget cuts will kick in january 1. >>> and as budget talks continue little changed on wall street today. the dow closed with a 4 point game. the nasdaq lost 2. s&p 500 edged up less than a point. >>> anthem blue cross was first. now several other health insurers jumping on board with their own proposed double-digit rate...
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Dec 4, 2012
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the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. you won't take our future. aids affects us all. e
the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your...
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Dec 5, 2012
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. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim axle rod cbs news west new york new jersey. >> where in the world is john macafy. why he high tailed it to a luxury resort to try and clear his name. >>> plans to build a little dog, at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation, sensational rel
. $115billion a year that will go to deficit reduction instead of being pumped into the economy. those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. although he says that somewhere will mean doing without some of the basics. >> it might be a pair of sneakers. it might be the jacket they want to go to school with in the winter. >> the debate in washington is not about the federal budget it's about his family's. jim...
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important that we're part of the discussions both in terms of the impact it has on our finances and our economies. >> reporter: state government cost lose much-needed federal aid if democrats and republicans don't reach a deal to stop automatic spending cuts before the end of the year. the other issue is taxes. congressional republicans want bush-era tax cuts extended for all americans. president obama says those tax cuts must expire for households making $250,000 or more. >> it's a position that is supported by a majority of the american people. and, you know, we need to see from republicans an acknowledgement of that. >> reporter: the gop proposal that the white house quickly rejected closes tax loopholes and reduces deductions to raise 800 billion-dollar in new revenue. the plan cuts $600 billion in healthcare entitlement programs. >> we are overspending and until you deal with that issue you cannot raise taxes enough to be able to keep one a trillion dollars of accelerate spending. >> reporter: republicans dismissed the president's plan late last week. but now that both sides have numbers on
important that we're part of the discussions both in terms of the impact it has on our finances and our economies. >> reporter: state government cost lose much-needed federal aid if democrats and republicans don't reach a deal to stop automatic spending cuts before the end of the year. the other issue is taxes. congressional republicans want bush-era tax cuts extended for all americans. president obama says those tax cuts must expire for households making $250,000 or more. >> it's a...
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6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. might be that jacket that they want to go to school with in the winter. might be those pair of boots that they want to go and keep warm. >> reporter: for john mejia, the debate in washington is not about the federal budget it's about his family's. jim axelrod, cbs news, west new york, new jersey. >> pelley: well, a lot of families with tight budgets will be happy to hear this next story: the housing market is coming back. we got a report today that says home prices in october had their biggest gain in six years. up more than 6%. sales have been ri
6.2%, that's $115 billion a year that will go to deficit reduction instead of being pumped into the economy. heidi cherholts is an economist. >> it's less money for consumers to spend that means the demand for goods and services will drop. who provides goods and services? workers. so employment will fall. >> reporter: those in favor of allowing the tax cut to expire argue money for social security payments has to come from somewhere. with although mejia says that somewhere will mean...
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the economy is growing faster than we thought. anthony mason on whether it can last. the u.n. votes on whether to recognize palestine as a state. jim axle road is at the u.n. aden pizzey is with the palestinians. we knew the polar ice was melting, but today we learned how fast. >> we're seeing it here.
the economy is growing faster than we thought. anthony mason on whether it can last. the u.n. votes on whether to recognize palestine as a state. jim axle road is at the u.n. aden pizzey is with the palestinians. we knew the polar ice was melting, but today we learned how fast. >> we're seeing it here.
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. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs 5, washington. >>> it was too toxic for clothing but not too dangerous for furniture. >> but chemicals in our furniture and our baby products, the epa does not have the authority to regulate them and they end up in our bodies. >> how a california law is contributing to the problem. >>> a 3,000-mile tribute to a life lost much too young. the message friends want people hear as they run coast to coast. ,, now, you're probably sittinn a pound of toxic chemicals.5 consumerwatch reporter julie watts explains one of those >>> if you are sitting on/couch you're probably sitting on a pound of toxic chemicals. cbs 5 consumerwatch reporter julie watts explains one of those chemicals was banned decades ago. >> so in the '70s, every child in america was wearing pajamas
. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs 5, washington. >>> it was too toxic for clothing but not too dangerous for furniture. >> but chemicals in our furniture and our baby products, the epa does not have the authority to...
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supporters including senator dianne feinstein argue to save the farm because it's a key part of the rural economy in that area. >>> still ahead, bankrupt but still able to give out bonuses? the latest controversy haunting hostess. >> with the biggest payout in powerball history about to take place allowing it be before californians can cash in too? >> a cold war plot that's hard to believe. did the u.s. really want to blow up the moon? we'll find out. ,,,,,, ,,,,,,,,,, now the multi- million dollr >>> now for tonight's winning powerball number and north over half a billion dollars jackpot number it is the number 6. >> those are the lucky numbers. now the multi-million dollar question is, who won the massive powerball lottery? we know it wasn't us. >> yeah. i know it wasn't me. still a mystery. but what we do know is the two winning tickets were sold one in missouri the other in arizona. the jackpot was monstrous, $580 million. until the winners come forward we don't know how many people will be splitting that prize at least two probably more. >>> next year lottery fans in california may be able t
supporters including senator dianne feinstein argue to save the farm because it's a key part of the rural economy in that area. >>> still ahead, bankrupt but still able to give out bonuses? the latest controversy haunting hostess. >> with the biggest payout in powerball history about to take place allowing it be before californians can cash in too? >> a cold war plot that's hard to believe. did the u.s. really want to blow up the moon? we'll find out. ,,,,,, ,,,,,,,,,, now...
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>> the district attorney says 36% of bullied kids miss school which affects graduation rates, the economy, and public safety. the top three videos came from saint ignatius high school, the academy the arts and science and lincoln high school. >>> inmates in the south bay are using their woodworking skills to put smiles on kids' faces this holiday season. the santa clara county sheriff's office and the department of corrections donated 350 toys to the toys for tots program and they were all made by elmwood facility inmates in milpitas. they range from a car to those rocking horses. >> definitely i would love to have kids see that i have put, you know, toys together for them and, you know, just good seeing those things go out to them. >> over the last 12 years, elmwood inmates have made more than 3,000 toys for children. >>> and coming up in our next half hour, emergency services on the chopping block. the bay area city that could lose its only fire station. >> on the 8th day of the port strike in southern california, new action to try to put an end to it. >> he's making cynical comments, l
>> the district attorney says 36% of bullied kids miss school which affects graduation rates, the economy, and public safety. the top three videos came from saint ignatius high school, the academy the arts and science and lincoln high school. >>> inmates in the south bay are using their woodworking skills to put smiles on kids' faces this holiday season. the santa clara county sheriff's office and the department of corrections donated 350 toys to the toys for tots program and...
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Dec 1, 2012
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what we don't want to do is go the brink on the economy now and then threaten the economy again two months later. we have to deal with both problems together in the weeks ahead for the good of the economy. >> there's a cumulative psychological effect. if we don't deal with it quickly it builds. as you pointed out it's already starting? >> i think there's a modest effect so far. i don't think it's dramatic. it's incremental. the closer you get the bigger it gets and then it gets somewhat more serious after january 1st. the other side of the coin i wish this weren't so but to get movement, particularly on the republican side or on the tax cuts for very high end people which average, this is an average tax cut of 130,000 a year for people that make over a million a year in my view we can't afford that. to get that kind of movement we might actually need to go into early january, maybe the stock market fluctuates a bit, there's great concern if it's a big story in the media now it's an even bigger story. that could occur. i remember in '95 there was an impasse and the government shut down. new
what we don't want to do is go the brink on the economy now and then threaten the economy again two months later. we have to deal with both problems together in the weeks ahead for the good of the economy. >> there's a cumulative psychological effect. if we don't deal with it quickly it builds. as you pointed out it's already starting? >> i think there's a modest effect so far. i don't think it's dramatic. it's incremental. the closer you get the bigger it gets and then it gets...
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that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of america, we're continuing to lend and invest in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable housing within the city, supporting an organization that's helping kids find jobs and stay in school, or financing the expansion of a local company that's creating healthier workplaces, what's important to the people of the bay area is important to us. and we're proud to work with all those who are making our communities stronger. powerful typhoon in the philippines. typhoon bop (boe-pah) roared ashore this morning with winds of 110 ms per hour.
that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of...
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economy $1 billion a day. >>> all right, roberta gonzales. in for paul deanno, good to see you. >> always good to see you, dana and allen. [ laughter ] >> both of you. i think you guys just allowed me it come in to dry off for a couple of days here after a soaking week. boy, today did we have plenty of precipitation around the bay area. good evening, everyone. let's go ahead to berkeley where today, nearly 9/10ths of an inch of rain fell just today alone so people were out and about with their umbrellas and everybody has been asking, what does this mean for the high sierra? this is our weather camera in the greater lake tahoe area. we did have two feet of snow above 7,000 feet but for the most part high temperatures there today was in the upper 40s. a very warm storm. but right now, it's live, it's high-def doppler radar. it's still picking up some very light precipitation. primarily around highway 101 for the evening commute. anywhere from morgan hill all the way into gilroy but that's it. the system is out of here after producing some copio
economy $1 billion a day. >>> all right, roberta gonzales. in for paul deanno, good to see you. >> always good to see you, dana and allen. [ laughter ] >> both of you. i think you guys just allowed me it come in to dry off for a couple of days here after a soaking week. boy, today did we have plenty of precipitation around the bay area. good evening, everyone. let's go ahead to berkeley where today, nearly 9/10ths of an inch of rain fell just today alone so people were out...
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it's had more impact on the economy. >> yeah. americans cut back on spending last month and their income stayed flat and with more on that let's join ashley morrison of cbsmoneywatch.com. she's in new york city. ashley, are you there? good morning. >> reporter: good morning, frank and michelle. yes. we're keeping our eye on the "fiscal cliff" this morning and the markets are changing as we speak. but earlier this morning asian markets rallied on gains by exporters and year end buying. tokyo's nikkei gained .5% to close out a 7 month high while hong kong's hang seng also rows .5%. >>> on wall street, stocks ended modestly higher on homes of a budget deal and on encouraging economic reports. dow was up 36 on thursday. the nasdaq finished 20 points higher. >>> and president obama presented his plan to avoid the "fiscal cliff" to members of congress. the $4trillion plan includes $1.6 trillion in new taxes on upper income americans. $400billion in cuts to medicare and other entitlement programs. $50billion in stimulus spending and the
it's had more impact on the economy. >> yeah. americans cut back on spending last month and their income stayed flat and with more on that let's join ashley morrison of cbsmoneywatch.com. she's in new york city. ashley, are you there? good morning. >> reporter: good morning, frank and michelle. yes. we're keeping our eye on the "fiscal cliff" this morning and the markets are changing as we speak. but earlier this morning asian markets rallied on gains by exporters and year...
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it's about the "fiscal cliff" on wall street but we have a number of positive signals on the economy. consumer spending did pull back in october according to the commerce department by 2/10 this is the of a percent following an 8/10th of a percent of gain in the previous month. superstorm sandy depressed spending. unless holiday sales soar over the 4th quarter it's going to be tough for the economy to continue the gain of 2.7% that the commerce department reported in the 3rd quarter yesterday. stockton focused on any talks out of d.c. -- stock market focused on any talks out of d.c. on the "fiscal cliff." the dow over 13,000. pretty modest start to the day today. right now the dow is up by 5 points. nasdaq though falling by 3. s&p down by one. social game maker zynga getting hit hard after announcing it and facebook are changing their partnership. zynga down 7.5%, facebook down slightly. back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> a tale of two uncomfortable pairings. first the san francisco 49ers with two starting quarterbacks. and a power lunch betwe
it's about the "fiscal cliff" on wall street but we have a number of positive signals on the economy. consumer spending did pull back in october according to the commerce department by 2/10 this is the of a percent following an 8/10th of a percent of gain in the previous month. superstorm sandy depressed spending. unless holiday sales soar over the 4th quarter it's going to be tough for the economy to continue the gain of 2.7% that the commerce department reported in the 3rd quarter...
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something that alan and the team pushed the company on to be a leader in fuel economy. and although fuel economy is not the top reason to buy a luxury car it's a reason for people to notice lincoln. with 45 miles per gallon nobody does it better. >> it is tough today to compete in today's automobile world because of the fact you got a lot of very good names whether it's mercedes or lexus or american names as well. >> sure. it's such a competitive industry, especially in the luxury industry. but it's growing. and it's very important for our company not just here in the u.s. but internationally. the other thing that's important is there is room for a new brand like lincoln. after the great recession customers are really reconsidered how they buy a luxury car. they want a more discreet choice and they are underserved when it comes to experience. >> can i just talk for a moment about the fiscal cliff because you're one of the people who went in to see the president. give me the sense it. the president's mind because you have known him and you have been invited in. what do y
something that alan and the team pushed the company on to be a leader in fuel economy. and although fuel economy is not the top reason to buy a luxury car it's a reason for people to notice lincoln. with 45 miles per gallon nobody does it better. >> it is tough today to compete in today's automobile world because of the fact you got a lot of very good names whether it's mercedes or lexus or american names as well. >> sure. it's such a competitive industry, especially in the luxury...
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uncertainty over taxes and the impact of scheduled government cuts on the economy is really making it hard for companies to plan. so instead, they are keeping their spending in a wait-and- see mode and again, that's going to persist until we get resolution. for more on the jobs report preview, go to moneywatch.com where we warn that things could get ugly in the labor market before they turn around. >> okay. jill schlesinger, editor at large for cbsmoneywatch.com, thank you. >>> i'm going to have to separate my coanchor and our weather guy because we have a quasi denver bronco fan here, she grew up there. we'll let her have that. quasi. and a huge raider fan. >> and they play tonight. huge raider fan. i'm not too excited about this game tonight. >> we may not be talking tomorrow morning. >> going to make sure you guys are open. >> there is a reason the desk are separate. >> we have good news. we are finally catching a break from the stormy weather outside. all the raindrops leaving behind a lot of moisture in the atmosphere so we're catching a lot of fog outside around the bay area. de
uncertainty over taxes and the impact of scheduled government cuts on the economy is really making it hard for companies to plan. so instead, they are keeping their spending in a wait-and- see mode and again, that's going to persist until we get resolution. for more on the jobs report preview, go to moneywatch.com where we warn that things could get ugly in the labor market before they turn around. >> okay. jill schlesinger, editor at large for cbsmoneywatch.com, thank you. >>>...
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. >> reporter: some decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier estimate of 2% also compared to 1.3% in the 2nd quarter. now, the 4th quarter is likely to be impacted by sandy and also from "fiscal cliff" worries. as far as the "fiscal cliff" goes, politico is reporting this morning that there is a framework for a deal in place that would include $1.2 trillion in tax increases and $400 billion in entitlement cuts on medicare. wall street watching that closely. let's look at the numbers. the dow is up by 45 points after gaining more than 100 yesterday. it's back over 13,000. nasdaq higher by 19. s&p right now is up by 6 p
. >> reporter: some decent news on the economy out there. the labor department reporting that first time weekly claims fell 23,000 to 393,000 and for the first time in several weeks, superstorm sandy not distorting figures. now the overall trend is still distorted. the four-week average rose to 450,000. and another look at the economy, come from the commerce department its second look at 3rd quarter gross domestic product overall economic growth revising it higher to 2.7% from an earlier...
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. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,, ,,,,,,,,,,,,,, tonight, after making her 1- million dollars richer! ye] nguyen claimed h >>> a milpitas woman is thanking her brother tonight after making her $14 million richer. she claimed her super lotto jackpot prize today but it was her brother who bought the winning ticket in september when she couldn't get to the store. so now she is planning to share her winnings of course with her brother and family. >> better! >>> california may add powerball to its lottery games. but unfortunately, not in time for tonight's half billion- dollar jackpot. hopefuls were lining up for
. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,,...
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so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live from the scene next. ,,,, welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!! uh, i think i know. "we all know," "pretty obvious." you couldn't tell me when i handed out the wiener-dog lasers!?! g right now >> your realtime captioner: linda marie macdonald >>> a woman wakes up and screams to find an intruder in her home. the manhunt happening right now in palo alto. >> and engineers say our
so the economy must be getting better. >> yeah. >> getting in the season. >>> next half hour coming up, it's the richest powerball jackpot ever. two winners are splitting the prize. >> what's expected between president obama and mitt romney as they meet for the first time since their last debate? coming your way. >>> a woman wakes up to find an intruder in her apartment. and now he is on the loose. police have been searching all night. we'll update you live...
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Nov 30, 2012
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. >> reporter: perhaps that's why veterans are faring better in this sluggish economy. labor statistics show the percentage of unemployed veterans is a whole point lower than the rest of the workforce. helping these numbers, a commitment from several major companies to hire 100,000 vets and military spouses by 2014. still, it's an uphill climb to get a job at all and for those recently returning from combat, it's a big adjustment back to civilian life. >> every veteran has a story to tell. they have so much experiences that they went through with the military. and civilian world just doesn't understand that as much. >> remember, these are veterans of all wars. the labor department says the news isn't so good for younger veterans of the iraq and afghanistan wars. unemployment for them was 10% in october. well above the national rate of 7.9%. >>> ocean beach preparing for the storm and city workers want to make sure... [ indiscernible ] we'll have that story coming up. >> and president obama's private lunch with mitt romney. what they talked about and what they ate. i pla
. >> reporter: perhaps that's why veterans are faring better in this sluggish economy. labor statistics show the percentage of unemployed veterans is a whole point lower than the rest of the workforce. helping these numbers, a commitment from several major companies to hire 100,000 vets and military spouses by 2014. still, it's an uphill climb to get a job at all and for those recently returning from combat, it's a big adjustment back to civilian life. >> every veteran has a story...
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Nov 29, 2012
11/12
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econill hurt our economy. approach.y this is not the right r: toach. anythis impasse is one of many geithnerreasury secretary tim geithner, mr. obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is pulling back until the president offers ntitlement reform. a i've not seen one deal from country downouse that deal with medicare, medicaid and social security which are all going to fail and take this country down the road of grief. and until i hear something from the white house on that, i'm not going to say another thing on revenue. >> mr. obama will meet with his v vanquished republican rival, mitt romney. it's been several weeks
econill hurt our economy. approach.y this is not the right r: toach. anythis impasse is one of many geithnerreasury secretary tim geithner, mr. obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done....
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Dec 3, 2012
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marathon is of course the latest effort by a retailer to squeeze every last dime in that still shaky economy we are seeing now. what i feel bad for those employees are the shoppers come in at 3 a.m. to ride the ferris wheel after enjoying the city a little too much. >> they are beating the crowds. >> people like us. >> that's true. [ laughter ] >> ashley morrison of cbsmoneywatch.com, thank you. >>> all right. time for a little weather and finally we can say hey, no rain or not a lot. >> no rain today. we have some more coming but i want to show you some impressive storm totals we had in a couple of minutes over the last few days. but outside right now, it is quiet. high-def doppler radar is showing you, yup, no raindrops out there right now. and likely it will stay that way all day long. that's the first time we have been able to say that in some time. but there's another storm there in the pacific that's going to be come our way of temperatures out the door right now, you have a lot of clouds outside. 41 degrees chilly in santa rosa. 44 san jose. 49 degrees in san francisco. how about the
marathon is of course the latest effort by a retailer to squeeze every last dime in that still shaky economy we are seeing now. what i feel bad for those employees are the shoppers come in at 3 a.m. to ride the ferris wheel after enjoying the city a little too much. >> they are beating the crowds. >> people like us. >> that's true. [ laughter ] >> ashley morrison of cbsmoneywatch.com, thank you. >>> all right. time for a little weather and finally we can say...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
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let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how did this village on the tiber grow to be the absolute leader of the known world in a few hundred years? it expanded its territory by plunder, by what ever. details. it was not pretty. [laughter] it added people, it kept getting bigger and incorporated the p
let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
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i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply reasonably to this new economy, and make sure that there is room carved out for both. >> thanks for making that point. one more question? >> [inaudible] i'm curious if this conversation about companies devoted to schering physical space. the idea of using or facilitating, seven commercial space for nonprofits and that sort of thing. [inaudible] are there any modalities for sharing their? >> the question is there's a lot of vacant commercial space that could be mobilized for civil society, so is there a way to do that? >> i know of one company, loose cubes. i'm sure there's others that many of you know there. >> i see mark in the audience there. do you want to explain what liquid space does? i think it answers the question, actually. >> [inaudible] [laughter] >> mark reall
i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply reasonably to this new economy, and make sure that there is room carved out for both. >> thanks for making that point. one more question? >> [inaudible] i'm curious if this...
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved elsewhere or the have died, gone out of business. also, a lot of people have moved here by the millions. we have 38 million people. people thought the green was here a and we have -- and we have all kinds of businesses. twitter, google, zynga, it is pretty incredible. what has happened. a lot of things going on. our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billio
the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved elsewhere or the have died, gone out of business. also, a lot of people have moved here by the millions. we have 38 million people. people thought the green was here a and we have -- and we have all kinds of businesses. twitter, google, zynga, it is pretty incredible. what has happened. a lot of things going on. our budget,...
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but our economy is teetering on economy. it is a stealth tax and never goes away and the funds don't go to highways and nothing down to encourage driving . the tax revenue will go somewhere else. >> john, i mentioned in the top of the segment that republicans are apparently okay or considering it. the new republican head of the committee in the house of representatives said he will not put it off of the table. >> if they do this, this is the quick path to being the minority party. hopefully they will wake up to that. ate point washington works for us and not them. why can't they sacrifice and spend less of wour money so we don't have to pay more. a union blitz against private companies is a victoryry by big labor about to drive up the fax spill. wait until you hear this coming up next. now one plan to take union pensions off of the backs of taxpayers has failed in california. government unions declaring a major victory and killing off a reform victory that replaced with 401 k style investment plans. it is a defeat for taxpay
but our economy is teetering on economy. it is a stealth tax and never goes away and the funds don't go to highways and nothing down to encourage driving . the tax revenue will go somewhere else. >> john, i mentioned in the top of the segment that republicans are apparently okay or considering it. the new republican head of the committee in the house of representatives said he will not put it off of the table. >> if they do this, this is the quick path to being the minority party....
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Dec 1, 2012
12/12
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KBCW
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it cost the economy $17 billion. cbs news las angeles. >> a lot of people about to spend several hours in nasty weather this weekend. the 30th california international marathon which runs from folsom to sacramento will start as scheduled 7:00 sunday morning. that means about 15,000 people will run 26 point -- well i don't know if they'll run it. some will walk. 26.2-miles in whatever the conditions bring. paul deanno here to tell us when we might see the absolute worst the storm system has to offer. >>> i'm not sure if you can pick a worst time to start a marathon. sunday. 7:00. yeah you know. some would argue there's no good time to start marathon but our producer will run it and he's going to be very soggy. we have scattered showers and the roads are wet. heading towards san francisco. it's 59 degrees. hello. high definition doppler radar. strongest radar in town. active this morning. less this evening. we're in break between weather systems a few light showers south to walnut creek. pleasant hill. the rain will pi
it cost the economy $17 billion. cbs news las angeles. >> a lot of people about to spend several hours in nasty weather this weekend. the 30th california international marathon which runs from folsom to sacramento will start as scheduled 7:00 sunday morning. that means about 15,000 people will run 26 point -- well i don't know if they'll run it. some will walk. 26.2-miles in whatever the conditions bring. paul deanno here to tell us when we might see the absolute worst the storm system...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
12/12
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we understand that this is a global economy. the opportunities are ones that we can only surpassed if we come together. we can win the future if we dream together, if we work together. as a society, as an economy, the best is yet to comment. let me leave you with this last idea. every moment affords us an opportunity to change the world. let's seize that moment in each and every moment that succeeds that moment and let's do that together in celebration of our asian-pacific heritage and recognition of the great heritage as all the people that make up san francisco and california. we will truly honored this month, our heritage and our future. thank you very much. [applause] >> ok. all right. we have some competition on the stage right now. >> a couple of other people we need to thank. we have a bunch of co-hosts, the san francisco board of supervisors. a round of applause, please. [applause] our event shares and co-chairs. [reading names] >> all right, thank you. [applause] >> those people give money, so please applaud. >> next, i
we understand that this is a global economy. the opportunities are ones that we can only surpassed if we come together. we can win the future if we dream together, if we work together. as a society, as an economy, the best is yet to comment. let me leave you with this last idea. every moment affords us an opportunity to change the world. let's seize that moment in each and every moment that succeeds that moment and let's do that together in celebration of our asian-pacific heritage and...
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the fluctuation certainly correlates with what the economy is doing. neil: mocks my, baby, i'm afraid the economy is going to taint ♪ neil: we paid a lot for that. and you have to think about this. sieging dollars from bills to points, that's what congress wants to do to save cash, what are followers are having some better ideas to really cut our debt. work on something that will save money, not spend more on ridiculous -- ridiculous projects. stop all stimulus funds that do not help create private sector jobs are make companies more competitive globally. in foreign aid until we have money to spend, if that ever happens again.
the fluctuation certainly correlates with what the economy is doing. neil: mocks my, baby, i'm afraid the economy is going to taint ♪ neil: we paid a lot for that. and you have to think about this. sieging dollars from bills to points, that's what congress wants to do to save cash, what are followers are having some better ideas to really cut our debt. work on something that will save money, not spend more on ridiculous -- ridiculous projects. stop all stimulus funds that do not help create...
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the fluctuation certainly correlates with what the economy correlates with what the economy is doing. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you knw me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. ♪ neilwe paid a lot for that. and you have to think about this. sieging dollars from bills to points, that's what congress wants to do to save cash, what are followers are having some better ideas to really cut our debt. work on something that will save money, not spend more on diculous -- ridiculous projects. stop all stimulus unds that do not help create private sector jobs are make companies more competitive globally. in foreign aid until we have money to spend, if that ever happens
the fluctuation certainly correlates with what the economy correlates with what the economy is doing. [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you knw me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope...
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Dec 1, 2012
12/12
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the economy of the southern northern states was very very different and evey today, the economy in montana im very different from the economy and lower manhattan. and we found a way to deal with that and to regulate it. the same is true in europe in the same is true in china and the same is true in india and brazil. india. same is the same is true and brazil. this country deals with gaps between the rich and poor, agriculture, and earthen industrialize an evolving in much the same way that we're going to have to on the global stage for a the problem has been solved and can be solved. >> host: good afternoon, we have a caller from new york city. >> caller: hello, i'm so happy you're taking my call. my question is this fiscal cliff that we are approaching. if president obama allows it to happen, what kind of catastrophe are you talking about? i'm kind of concerned? so negatively will this affect the industry? how bad will it really be out there on wall street and main street? >> guest: well, let's say there are a bunch of people where the congress is
the economy of the southern northern states was very very different and evey today, the economy in montana im very different from the economy and lower manhattan. and we found a way to deal with that and to regulate it. the same is true in europe in the same is true in china and the same is true in india and brazil. india. same is the same is true and brazil. this country deals with gaps between the rich and poor, agriculture, and earthen industrialize an evolving in much the same way that...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
12/12
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the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to spending time with you. i know on behalf of m
the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of...
SFGTV2: San Francisco Government Television
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Nov 29, 2012
11/12
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and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the public defender and it's my job to push the envelope. it's one thing to talk about reducing possession charges from felonies to misdemeanors but i'm not sure that's going to change the color and demographics of the population in county jail. they're out there on the street sometimes selling small amounts of drugs. until we address that problem and expand exponentially. jails will still be filled with poor people and people of color. you're not ending the war on drugs. we need to think of at holistic play as a public-health problem. not as a rush also the people who are selling and people are selling a rock to a pol
and i think the comment was made in each of the economies but in fact what we found, when you have realignment, all 58 counties deciding what to do, if we just look at the incarceration rates across each of the counties, fresno, like county, population demographics to san francisco. and it's a law that impacts on a statewide basis is more sensible than leaving it up to each county because then you'll end up with 58 different styles and methods of criminal justice. >> tal? >> i'm the...
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Nov 28, 2012
11/12
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it will hurt our economy. that is why this is not the right approach. >> now the guy at the center of the tax storm, oklahoma republican congressman, congressman, he singled you out for calling you out. how do you feel about that? >> i like the speaker. we have a great relationship and we are able to talking directly and honestly with each other and i have no problem with it. i would expect him to express his opinion as he would expect me to express mine. >>neil: he is saying you are precaving. >>guest: that is nonsense. the reality is, tax rates go up for every american on december 31st. if we can make sure that doesn't happen for 98 percent of them and continue to fight for the other 2 percent, that makes a lot of sense and the american people will listen to us in that discussion if they know their taxes aren't going up. we will win the argument. i do believe most people understand raising tax rates is bad for the economy, it costs jobs, it actually in the long term undermines revenue. right now, everyone's
it will hurt our economy. that is why this is not the right approach. >> now the guy at the center of the tax storm, oklahoma republican congressman, congressman, he singled you out for calling you out. how do you feel about that? >> i like the speaker. we have a great relationship and we are able to talking directly and honestly with each other and i have no problem with it. i would expect him to express his opinion as he would expect me to express mine. >>neil: he is saying...
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let's get back to work, guys let's make this economy grow. lia: is there something else that could be done in the long run? people tha are shipping through this port get burned is there another optn? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this la giving the people that are on strike a whole lot of leverage? >> good point. we're always concned by diversn to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement ofoods coming to the united states. but il th southern california are is suuh a large consuming ar it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the lo of jobs in sthern california alone. melissa: fred, thankso much for coming on the show. we appreciate it and best of luck to you. i hope this gets relved on. >> thank you very much. melia: so here's t
let's get back to work, guys let's make this economy grow. lia: is there something else that could be done in the long run? people tha are shipping through this port get burned is there another optn? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this la giving the people that are on strike a whole lot of leverage? >> good point. we're always concned by diversn to other ports. we're concerned about...
SFGTV: San Francisco Government Television
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Nov 29, 2012
11/12
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creation in the city being so incredibly important for both the present and the future, and as our economy continues to sign signs of improvement i'm not going to forget where the jobs go and for the people in terms of hope for the city and of course working with laborers, with our construction contractors, with the labor council. tim is here together as well and mike and working with everybody we have unprecedented announcement today and 100% locally financed project close to $500 million of private investment signifying that they wish to on their volition to be working with the city to hire 25% of their construction work force with san francisco residents. [applause] this is a wonderful, wonderful day. and that as part of that percent goal they are opening up themselves to working with us in an enforceable obligation on this label. rick is here representing for the golden state warriors and at the same time within this goal too we're going to accommodate returning veterans from our war and pllt to be part of this effort too -- [applause] >> yes. and for me it really means putting the wor
creation in the city being so incredibly important for both the present and the future, and as our economy continues to sign signs of improvement i'm not going to forget where the jobs go and for the people in terms of hope for the city and of course working with laborers, with our construction contractors, with the labor council. tim is here together as well and mike and working with everybody we have unprecedented announcement today and 100% locally financed project close to $500 million of...
SFGTV2: San Francisco Government Television
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Nov 29, 2012
11/12
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under mayor newsom's energetic leadership the economy grew and the city became an economic center for biotech and clean tech. gach newsom has been a trail blaitzer on combating homelessness and protecting the government. in 2007 he was re-elected as mayor with more than 70 percent of the vote, which is unheard of. please welcome our lieutenant governor, gavin newsom. >> my role was to get tom to speak. i'm just going to jump in because i want to keep you all on time. you've got an agenda packet and i'm going to be held accountable if you don't meet it. roslyn, let's pick up on tom's passion. he told me a couple points that are important, that is the consciousness awareness, this growing consciousness around bullying. and it's a question i guess that requires, has bullying gotten worse or have we gotten better to begin to recognize it? >> hard to know. tom and the president refer to as far too often as a rite of passage. we certainly are seeing evidence in ways that i don't recall, the levels of violence, the vitriolic violence, it's not just coming from the back of the school, it's co
under mayor newsom's energetic leadership the economy grew and the city became an economic center for biotech and clean tech. gach newsom has been a trail blaitzer on combating homelessness and protecting the government. in 2007 he was re-elected as mayor with more than 70 percent of the vote, which is unheard of. please welcome our lieutenant governor, gavin newsom. >> my role was to get tom to speak. i'm just going to jump in because i want to keep you all on time. you've got an agenda...
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Dec 5, 2012
12/12
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CNBC
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when it comes to the president in this economy. we are 8 days in and he hasn't started the process of reconvening the board. >> the board is already so pro union as is the president fresh off his re-election even though this is not going to be a california emergency, this could be a national emergency for closing down those huge ports. that is it for tonight's show. thank you for watching. we will see you tomorrow night we need premarket capitalism. not a union hold up. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... when you take a closer look... ...at the best schools in the world... .
when it comes to the president in this economy. we are 8 days in and he hasn't started the process of reconvening the board. >> the board is already so pro union as is the president fresh off his re-election even though this is not going to be a california emergency, this could be a national emergency for closing down those huge ports. that is it for tonight's show. thank you for watching. we will see you tomorrow night we need premarket capitalism. not a union hold up. [ male announcer ]...
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Nov 28, 2012
11/12
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CURRENT
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it doesn't hurt the economy. jobs, public health is what clean energy is about these days. >> jennifer: we're going to stand by for the politics of electric cars here but there is a 58% poll that i just want to show you that it is going to -- 58% of americans which is what you were referring to. responded it would make us stronger. 16% said it would make the economy weaker. why do we hear republicans taking such a stance against clean energy? >> let me say the first thing is that not all republicans are on the wrong side of the clean energy now. in washington, it is a big problem. you've got really significant governors around the country from iowa to arizona arnold schwarzenegger, past governor of california, there are a lot of republicans that are right on this issue because of the economics. but in washington -- >> jennifer: schultz. >> secretary of state. richard nixon created the environmental protection agency. washington is owned lock, stock and barrel by big energy companies and their lobbyists. they don'
it doesn't hurt the economy. jobs, public health is what clean energy is about these days. >> jennifer: we're going to stand by for the politics of electric cars here but there is a 58% poll that i just want to show you that it is going to -- 58% of americans which is what you were referring to. responded it would make us stronger. 16% said it would make the economy weaker. why do we hear republicans taking such a stance against clean energy? >> let me say the first thing is that...
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we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a whole lot of leverage? >> good point. we're always concerned by diversion to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement of goods coming to the united states. but still the southern california area is suuh a large consuming area it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the loss of jobs in southern california alone
we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a...